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Defensive stocks rallied Monday as Wall Street rotated out of artificial intelligence (AI) infrastructure names. The move followed a weekend essay in which Anthropic CEO Dario Amodei urged the industry to slow model development.
NEW YORK, NEW YORK – SEPTEMBER 14: An Ai ad is displayed near the New York Stock Exchange on September 14, 2026 in New York City. All three major indexes opened on a downward track as artificial intelligence companies are calling for an industrywide slowdown of AI development, with rising oil prices and an upcoming…
The mismatch is striking. On one side, warnings of existential risk, maybe a 10% chance of the end of civilization. On the other, government paralysis.
President Donald Trump has dismissed concerns about artificial intelligence posing an existential threat to humanity but stressed it was important for the U.S. to “win” the battle for control of the technology with China.
Nvidia CEO Jensen Huang dismissed recent AI fears as a way for the cybersecurity sector to generate new business.
(WJAR) —Last year alone, there were more than 3,300 data breaches in the United States.
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Salesforce $257.61+5.56 (+2.21%)As of 09:40 AM Eastern 52-Week Range $146.32▼ $269.11 Dividend Yield 0.68% P/E Ratio 23.48 Price Target $261.15 Add to Watchlist
Lev Shevtsov27 August 2026 03:12
Nvidia has committed nearly $50 billion to frontier AI labs, and bets on strong returns and limited risk.